Ford's F-150 Lightning might be scrapped as production halts due to aluminum supply issues. With significant losses in its EV unit, Ford shifts focus to more profitable gas and hybrid trucks.
Ford is making waves in the electric vehicle market with a bold $5 billion investment to produce a midsize electric pickup truck priced around $30,000. This move aims to attract a wider range of consumers, challenging the existing high-priced EV market.
Ford has announced a groundbreaking $2 billion investment in its Louisville plant to produce affordable electric vehicles, creating nearly 4,000 jobs. The first model, a midsize electric pickup, is set to launch in 2027, aiming to mirror the iconic Model T's price.
